Denver FHA Loan Rates, Closing Costs & Stats

DENVER-AURORA-LAKEWOOD, CO

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Denver's 227 lenders originated 9,145 FHA loans during 2022. The total origination value was $3,865,595,000, with an average FHA loan value of $422,700.

    Denver FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Denver averaged 6.3% for the week of 2023-05-26, compared to the national average (all FHA variants) of 6.612% for the same period.

    Denver's average FHA mortgage closing costs are $10,716.

    The average rate for the prior week (2023-05-19) was 5.88% and one month ago for the week of 2023-04-21, the average rate was 6.12%.

    The average rate one year ago was 4.84%.

    For refis of the same type during the week of 2023-05-26, the average rate was 5.1%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Denver FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Denver level.

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 723 4.68% $14,337
    AMERICAN FINANCING CORPORATION 578 4.25% $14,064
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 456 5.13% $14,890
    QUICKEN LOANS, LLC 332 4.43% $15,609
    CROSSCOUNTRY MORTGAGE, LLC 234 5.22% $16,493
    UNIVERSAL LENDING CORPORATION 179 5.23% $15,120
    LOANDEPOT.COM, LLC 169 4.42% $15,315
    BROKER SOLUTIONS, INC. 168 5.32% $15,364
    NEST HOME LENDING, LLC 163 4.98% $16,087
    HOME POINT FINANCIAL CORPORATION 161 4.04% $13,723
    Amerifirst Financial, Inc. 147 5.08% $13,073
    Paramount Residential Mortgage Group, Inc. 142 5.07% $15,319
    GUILD MORTGAGE COMPANY 142 4.87% $15,578
    PRIMARY RESIDENTIAL MORTGAGE, INC. 142 4.80% $15,029
    NOVA FINANCIAL & INVESTMENT CORPORATION 131 4.81% $3,572
    EAGLE HOME MORTGAGE, LLC 120 4.45% $17,497
    CALIBER HOME LOANS, INC. 117 4.54% $14,436
    CHERRY CREEK MORTGAGE, LLC 107 5.10% $6,690
    HOMEAMERICAN MORTGAGE CORPORATION 101 4.29% $10,526
    S1L, Inc. 100 5.09% $15,461
    EVERETT FINANCIAL, INC. 97 5.16% $10,128
    PENNYMAC LOAN SERVICES, LLC 96 4.17% $15,447
    Northpointe Bank 91 4.89% $14,998
    FREEDOM MORTGAGE CORPORATION 85 4.31% $14,425
    Mr. Cooper ( Nationstar Mortgage ) 77 4.04% $16,423
    DHI MORTGAGE COMPANY, LTD. 73 4.26% $15,546
    LAKEVIEW LOAN SERVICING, LLC 70 3.41% $9,285
    PLANET HOME LENDING, LLC 66 4.45% $16,207
    NFM, INC. 64 5.18% $15,224
    Nations Lending Corporation 59 5.19% $15,164
    Loan Simple, Inc. 57 5.29% $15,188
    MOVEMENT MORTGAGE, LLC 50 5.01% $14,978
    MEGASTAR FINANCIAL CORP. 49 4.95% $15,453
    South Pacific Financial Corporation 47 4.47% $16,912
    CITYWIDE HOME LOANS, LLC 46 5.01% $15,935
    INSPIRE HOME LOANS INC. 44 4.59% $15,726
    NEWREZ LLC 44 4.71% $14,704
    Flagstar Bank, FSB 43 4.64% $15,679
    Carrington Mortgage Services, LLC 42 4.59% $15,219
    V.I.P. MORTGAGE, INC. 41 5.29% $15,009
    Network Funding, L.P. 37 5.53% $17,754
    HOME MORTGAGE ALLIANCE, LLC 37 5.25% $15,190
    M2 Lending Solutions, LLC 35 5.47% $14,697
    CMG MORTGAGE, INC. 34 4.30% $13,666
    AMERISAVE MORTGAGE CORPORATION 33 4.41% $15,666
    AMERICAN PACIFIC MORTGAGE CORPORATION 32 4.73% $15,555
    SUMMIT FUNDING, INC. 31 5.42% $18,237
    CARDINAL FINANCIAL 31 4.86% $16,044
    Plains Commerce Bank 31 4.86% $15,793
    PRIMELENDING, A PLAINSCAPITAL COMPANY 28 5.24% $15,475
    GUARANTEED RATE, INC. 28 4.96% $12,664
    KBHS HOME LOANS, LLC 27 4.71% $19,771
    Bank of England 27 5.21% $17,571
    BAY EQUITY LLC 26 5.67% $15,170
    American Mortgage & Equity Consultants, Inc. 25 5.23% $15,072
    FINANCE OF AMERICA MORTGAGE LLC 25 4.86% $13,885
    Equity Prime Mortgage LLC 24 5.05% $14,909
    AMCAP MORTGAGE, LTD. 23 5.36% $17,055
    SUN WEST MORTGAGE COMPANY, INC. 23 4.76% $15,207
    Financial Funding Solutions, Inc. 21 4.67% $13,194
    Ent Credit Union 21 4.09% $10,760
    Lakeview Community Capital, LLC 20 3.97% $10,507
    NBH Bank 20 5.19% $14,052
    SECURITYNATIONAL MORTGAGE COMPANY 20 5.05% $15,855
    TOWNE MORTGAGE COMPANY 18 4.18% $12,419
    GUARANTEED RATE AFFINITY, LLC 18 5.06% $13,734
    DRAPER AND KRAMER MORTGAGE CORP. 18 5.49% $13,414
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 18 4.98% $13,195
    SOUTHWEST FUNDING, LP 17 5.54% $14,263
    Colten Mortgage, LLC 17 4.35% $14,099
    LOANPAL, LLC 17 4.16% $16,147
    PLAZA HOME MORTGAGE, INC. 16 4.47% $18,037
    CORNERSTONE HOME LENDING, INC. 16 4.75% $15,054
    VILLAGE CAPITAL MORTGAGE 15 3.90% $10,211
    CASTLE & COOKE MORTGAGE, LLC 14 4.72% $16,213
    OCMBC, INC. 14 5.16% $14,306
    Century Mortgage Company DBA Century Lending Company 13 4.64% $14,230
    T2 FINANCIAL LLC 13 6.25% $18,982
    Gateway First Bank 13 5.03% $13,796
    SWBC MORTGAGE CORPORATION 13 5.56% $12,699
    The Huntington National Bank 13 4.83% $12,934
    Elevations Credit Union 11 4.81% $13,272
    MORTGAGE SOLUTIONS OF COLORADO, LLC 11 4.94% $18,700
    HOMEBRIDGE FINANCIAL SERVICES, INC. 11 4.76% $14,004
    THRIVE MORTGAGE, LLC 11 4.61% $15,074
    HOMESIDE FINANCIAL, LLC 10 4.49% $14,986
    THE MORTGAGE COMPANY 10 4.96% $14,831
    MOUNTAIN WEST FINANCIAL, INC. 10 4.83% $13,323
    ACADEMY MORTGAGE CORPORATION 10 5.05% $16,701
    GENEVA FINANCIAL, LLC 9 5.67% $16,348
    The Federal Savings Bank 9 4.21% $20,644
    NATIONS DIRECT MORTGAGE, LLC 9 4.35% $15,749
    MUTUAL OF OMAHA MORTGAGE, INC. 9 4.97% $14,844
    The Home Loan Expert LLC 9 4.44% $10,811
    TOP FLITE FINANCIAL, INC. 9 5.21% $24,189
    IDEAL HOME LOANS LLC 9 4.51% $14,156
    BECKAM FUNDING CORP. 9 5.37% $22,054
    U.S. Bank 8 5.48% $14,918
    JET HOMELOANS, LLC 8 4.92% $19,653
    Summit Mortgage Corporation 8 4.67% $13,887
    KeyBank 8 3.91% $12,514
    Commerce Home Mortgage, Inc. 7 4.71% $16,134
    BOKF 7 4.50% $14,539
    LADERA LENDING, INC. 7 4.91% $13,917
    RESIDENTIAL BANCORP. 7 4.98% $15,933
    First Western Trust Bank 7 5.34% $10,321
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 7 4.73% $11,975
    CONTOUR MORTGAGE CORPORATION 6 3.75% $15,573
    First Guaranty Mortgage Corporation 6 4.23% $13,552
    Hometown Equity Mortgage, LLC 6 5.67% $19,711
    Sunflower Bank 5 4.52% $15,919
    Bank of the West 5 5.33% $13,780
    VERITAS FUNDING, LLC 5 5.55% $19,576
    Sierra Pacific Mortgage Company, Inc. 5 4.55% $15,864
    Franklin Loan Corporation 4 5.31% $19,761
    JLB CORPORATION 4 4.34% $16,645
    UMB Bank 4 6.38% $13,711
    PULTE MORTGAGE LLC 4 4.34% $12,152
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 4.97% $18,364
    ARC HOME LLC 4 4.53% $16,149
    NETWORK CAPITAL FUNDING CORPORATION 4 4.63% $17,193
    MID AMERICA MORTGAGE, INC. 4 5.53% $8,380
    PANORAMA MORTGAGE GROUP, LLC 4 5.53% $18,029
    FIRST COLONY MORTGAGE CORPORATION 4 4.94% $13,312
    ON Q FINANCIAL, INC. 4 6.38% $13,806
    HOME FUNDING CORPORATION 3 5.17% $16,141
    JPMorgan Chase Bank 3 3.17% $9,474
    AmeriHome Mortgage Company, LLC 3 4.25% $9,326
    Victorian Finance, LLC 3 5.17% $11,095
    Strong Home Mortgage, LLC 3 4.04% $9,227
    J. VIRGIL, INC. 3 5.63% $14,655
    NBKC BANK 3 3.54% $14,514
    PACIFIC RESIDENTIAL MORTGAGE, LLC 3 6.42% $14,431
    MORIA DEVELOPMENT, INC. 3 5.13% $13,971
    Bank of America 3 4.67% $7,076
    INTERCAP LENDING INC. 3 6.88% $13,919
    LEADERONE FINANCIAL CORPORATION 3 5.33% $16,737
    Prosperity Home Mortgage, LLC 3 5.50% $16,174
    Independent Bank 3 5.08% $14,409
    ZILLOW HOME LOANS, LLC 3 4.63% $14,085
    Shea Mortgage Inc. 3 4.67% $10,914
    Bank of Colorado 3 5.04% $15,380
    Zions Bancorporation, N.A. 2 5.31% $12,247
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $16,998
    Assurance Financial Group, L.L.C. 2 5.31% $12,137
    Austin Capital Bank SSB 2 4.94% $15,004
    AXIA FINANCIAL, LLC 2 3.63% $10,160
    CHURCHILL MORTGAGE CORPORATION 2 4.00% $14,556
    ENDEAVOR CAPITAL, LLC. 2 4.94% $14,235
    First National Bank of Omaha 2 5.81% $13,323
    HOMESTAR FINANCIAL CORPORATION 2 4.00% $13,037
    Ixonia Bank 2 5.25% $13,569
    LAND HOME FINANCIAL SERVICES, INC. 2 5.69% $16,427
    Mortgage Research Center, LLC 2 4.13% $10,637
    Mutual Federal Bank 2 4.50% $15,427
    Neighborhood Loans, Inc. 2 5.44% $18,521
    OPEN MORTGAGE, LLC 2 4.75% $13,127
    Peoples Bank 2 5.00% $15,447
    PHH Mortgage Corporation 2 5.38% $19,592
    RANLIFE, INC. 2 5.69% $13,611
    SOVEREIGN LENDING GROUP INCORPORATED 2 4.25% $11,173
    SUCCESS MORTGAGE PARTNERS, INC. 2 5.06% $22,452
    The Central Trust Bank 2 4.75% $12,568
    NATIONS RELIABLE LENDING, LLC 1 3.99% $13,836
    Midwest Mortgage Associates Corporation 1 7.25% $8,429
    Paramount Bank 1 7.13% $11,744
    MidFirst Bank 1 2.63% $3,012
    Peak Financial 1 5.38% $13,304
    MICHIGAN MUTUAL, INC. 1 6.63% $13,030
    PENTAGON FEDERAL CREDIT UNION 1 5.00% $5,739
    Adams Bank & Trust 1 5.25% $5,155
    Wallick & Volk, Inc. 1 5.25% $27,868
    MEMBER FIRST MORTGAGE, LLC 1 5.63% $12,334
    MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 5.75% $31,051
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.50% $18,067
    PREMIER MEMBERS CREDIT UNION 1 6.75% $13,984
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.13% $21,513
    LOANLEADERS OF AMERICA, INC. 1 3.75% $19,696
    KELLER MORTGAGE, LLC 1 5.00% $6,232
    PROPER RATE, LLC 1 4.90% $13,280
    INLANTA MORTGAGE, INC. 1 5.25% $20,895
    HOMESPIRE MORTGAGE CORPORATION 1 4.38% $13,059
    GUARANTY HOME MORTGAGE CORPORATION 1 4.75% $6,769
    Wells Fargo Bank 1 5.50% $10,404
    FLAT BRANCH MORTGAGE, INC. 1 4.50% $9,887
    Residential Mortgage Solutions, Inc. 1 2.88% $21,182
    First United Bank and Trust Company 1 6.63% $11,493
    First Option Mortgage, LLC 1 4.63% $15,471
    ServisFirst Bank 1 6.63% $13,409
    FIRST CONTINENTAL MORTGAGE, LTD. 1 3.25% $14,245
    FIRST COMMUNITY MORTGAGE, INC. 1 4.63% $11,764
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 4.75% $9,734
    First Bank & Trust 1 4.63% $14,856
    Wyndham Capital Mortgage, Inc. 1 5.63% $10,740
    FirstBank 1 2.50% $8,609
    Academy Bank 1 4.63% $10,648
    Fifth Third Bank 1 5.00% $11,290
    Farmers & Stockmens Bank 1 5.88% $11,731
    ENVOY MORTGAGE, LTD 1 5.63% $11,369
    DIRECT MORTGAGE, CORP. 1 2.25% $19,845
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 5.13% $28,774
    DAS Acquisition Company, LLC 1 6.13% $17,353
    Texana Bank 1 3.25% $12,973
    1ST FINANCIAL, INC. 1 7.25% $15,109
    Cornerstone First Mortgage, Inc 1 6.50% $9,341
    Citizens Bank 1 2.63% $10,301
    Chickasaw Community Bank 1 3.63% $11,360
    BNC National Bank 1 4.00% $11,609
    BETTER MORTGAGE CORPORATION 1 5.38% $22,528
    BEST CAPITAL FUNDING 1 4.63% $28,270
    Bell Bank 1 6.13% $10,500
    TruHome Solutions, LLC 1 4.38% $10,181
    BAYSHORE MORTGAGE FUNDING, LLC 1 3.75% $14,179
    United Fidelity Funding Corp. 1 5.88% $28,137
    Barrington Bank & Trust Company, N.A. 1 5.25% $13,605
    ANGEL OAK HOME LOANS LLC 1 2.88% $13,793
    Ameris Bank 1 5.13% $14,870
    VAN DYK MORTGAGE CORPORATION 1 5.63% $15,564
    AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 5.38% $24,605
    ALLIED MORTGAGE GROUP, INC. 1 6.63% $10,747
    North American Savings Bank, F.S.B. 1 3.75% $11,741
    OAKTREE FUNDING CORP. 1 6.50% $30,320
    OCEANSIDE MORTGAGE COMPANY 1 3.25% $3,484
    NexBank 1 5.75% $13,034
    NATIONWIDE MORTGAGE BANKERS, INC. 1 4.75% $14,835
    Advisors Mortgage Group, L.L.C. 1 6.12% $12,742
    Pacific Lending LLC 1 6.13% $13,165

    The top Denver FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 723 FHA loans originated. Their average total fees are $14,337, which is $273 higher than the next largest lender, AMERICAN FINANCING CORPORATION.

    The lowest fee Denver FHA lenders (with over 10 loans originated) are NOVA FINANCIAL & INVESTMENT CORPORATION ($3,572), CHERRY CREEK MORTGAGE, LLC ($6,690), LAKEVIEW LOAN SERVICING, LLC ($9,285), EVERETT FINANCIAL, INC. ($10,128) and VILLAGE CAPITAL MORTGAGE ($10,211).

    The lowest rate Denver FHA lenders (with over 10 loans originated) are LAKEVIEW LOAN SERVICING, LLC (3.41%), VILLAGE CAPITAL MORTGAGE (3.90%), Lakeview Community Capital, LLC (3.97%), HOME POINT FINANCIAL CORPORATION (4.04%) and Mr. Cooper ( Nationstar Mortgage ) (4.04%).

    Denver FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    DENVER-AURORA-LAKEWOOD, CO ADAMS 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO ARAPAHOE 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO BROOMFIELD 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO CLEAR CREEK 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO DENVER 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO DOUGLAS 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO ELBERT 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO GILPIN 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO JEFFERSON 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO PARK 2022 $684,250 $875,950 $1,058,850 $1,315,900
    DENVER-AURORA-LAKEWOOD, CO ADAMS 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO ARAPAHOE 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO BROOMFIELD 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO CLEAR CREEK 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO DENVER 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO DOUGLAS 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO ELBERT 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO GILPIN 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO JEFFERSON 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
    DENVER-AURORA-LAKEWOOD, CO PARK 2023 $787,750 $1,008,450 $1,219,000 $1,514,950

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $549,488 (3.7%) $758,058 (4.2%) 2.04 3,796
    2018-02-01 $549,950 (1.9%) $765,631 (3.0%) 2.00 3,929
    2018-03-01 $549,900 (0.1%) $768,776 (2.1%) 1.93 4,296
    2018-04-01 $545,000 (0.9%) $760,257 (3.2%) 1.85 4,875
    2018-05-01 $532,400 (0.6%) $742,481 (2.6%) 1.78 5,451
    2018-06-01 $520,000 (-0.5%) $717,321 (1.3%) 1.73 6,460
    2018-07-01 $499,950 (-3.8%) $696,601 (-0.5%) 1.67 7,129
    2018-08-01 $495,000 (-1.0%) $673,821 (-2.0%) 1.66 7,432
    2018-09-01 $489,900 (-2.0%) $664,752 (-3.2%) 1.65 7,892
    2018-10-01 $479,700 (-4.1%) $645,621 (-6.6%) 1.62 8,098
    2018-11-01 $474,950 (-8.1%) $637,070 (-10.7%) 1.61 7,721
    2018-12-01 $475,000 (-12.0%) $644,555 (-12.9%) 1.64 6,235
    2019-01-01 $487,500 (-11.3%) $655,428 (-13.5%) 1.68 5,453
    2019-02-01 $499,750 (-9.1%) $672,138 (-12.2%) 1.69 5,496
    2019-03-01 $523,390 (-4.8%) $694,489 (-9.7%) 1.74 5,776
    2019-04-01 $522,450 (-4.1%) $688,318 (-9.5%) 1.66 6,503
    2019-05-01 $515,000 (-3.3%) $676,620 (-8.9%) 1.61 7,490
    2019-06-01 $515,000 (-1.0%) $668,417 (-6.8%) 1.61 8,377
    2019-07-01 $500,000 (0.0%) $657,002 (-5.7%) 1.57 8,892
    2019-08-01 $505,001 (2.0%) $668,577 (-0.8%) 1.58 8,470
    2019-09-01 $512,450 (4.6%) $680,266 (2.3%) 1.62 7,431
    2019-10-01 $495,000 (3.2%) $652,969 (1.1%) 1.60 8,439
    2019-11-01 $499,000 (5.1%) $666,656 (4.6%) 1.64 7,183
    2019-12-01 $497,495 (4.7%) $674,594 (4.7%) 1.66 6,118
    2020-01-01 $527,480 (8.2%) $736,167 (12.3%) 1.76 3,875
    2020-02-01 $550,000 (10.1%) $778,147 (15.8%) 1.80 3,604
    2020-03-01 $555,212 (6.1%) $781,941 (12.6%) 1.74 4,292
    2020-04-01 $542,500 (3.8%) $729,462 (6.0%) 1.70 4,933
    2020-05-01 $545,000 (5.8%) $728,600 (7.7%) 1.66 5,843
    2020-06-01 $547,000 (6.2%) $734,370 (9.9%) 1.61 6,523
    2020-07-01 $540,075 (8.0%) $739,959 (12.6%) 1.57 6,040
    2020-08-01 $539,000 (6.7%) $747,040 (11.7%) 1.54 5,747
    2020-09-01 $522,000 (1.9%) $749,906 (10.2%) 1.50 5,361
    2020-10-01 $515,000 (4.0%) $750,645 (15.0%) 1.48 4,864
    2020-11-01 $519,675 (4.1%) $769,682 (15.5%) 1.52 3,925
    2020-12-01 $530,126 (6.6%) $801,840 (18.9%) 1.58 2,901
    2021-01-01 $525,000 (-0.5%) $814,048 (10.6%) 1.57 2,290
    2021-02-01 $539,899 (-1.8%) $828,766 (6.5%) 1.57 2,148
    2021-03-01 $555,000 (0.0%) $846,872 (8.3%) 1.57 2,241
    2021-04-01 $575,000 (6.0%) $889,826 (22.0%) 1.56 2,217
    2021-05-01 $595,000 (9.2%) $897,109 (23.1%) 1.58 2,290
    2021-06-01 $599,350 (9.6%) $875,601 (19.2%) 1.58 3,094
    2021-07-01 $600,000 (11.1%) $852,047 (15.2%) 1.58 3,726
    2021-08-01 $600,000 (11.3%) $841,485 (12.6%) 1.60 3,851
    2021-09-01 $599,950 (14.9%) $845,501 (12.8%) 1.60 3,839
    2021-10-01 $615,000 (19.4%) $846,985 (12.8%) 1.64 3,580
    2021-11-01 $618,535 (19.0%) $864,142 (12.3%) 1.65 2,728
    2021-12-01 $627,143 (18.3%) $900,074 (12.3%) 1.70 1,888
    2022-01-01 $640,881 (22.1%) $982,128 (20.7%) 1.73 1,442
    2022-02-01 $647,975 (20.0%) $985,061 (18.9%) 1.69 1,522
    2022-03-01 $662,500 (19.4%) $971,917 (14.8%) 1.66 1,841
    2022-04-01 $676,500 (17.7%) $964,065 (8.3%) 1.61 2,361
    2022-05-01 $695,000 (16.8%) $943,953 (5.2%) 1.59 3,428
    2022-06-01 $680,000 (13.5%) $884,422 (1.0%) 1.51 4,769
    2022-07-01 $650,000 (8.3%) $840,714 (-1.3%) 1.47 6,181
    2022-08-01 $635,693 (6.0%) $821,551 (-2.4%) 1.47 6,472
    2022-09-01 $625,350 (4.2%) $820,001 (-3.0%) 1.46 6,494
    2022-10-01 $620,000 (0.8%) $827,614 (-2.3%) 1.46 6,577
    2022-11-01 $608,500 (-1.6%) $827,023 (-4.3%) 1.46 6,026
    2022-12-01 $600,000 (-4.3%) $832,527 (-7.5%) 1.48 4,619
    2023-01-01 $600,000 (-6.4%) $862,451 (-12.2%) 1.48 3,768
    2023-02-01 $629,950 (-2.8%) $921,874 (-6.4%) 1.52 3,300
    2023-03-01 $654,500 (-1.2%) $975,437 (0.4%) 1.54 3,429
    2023-04-01 $679,000 (0.4%) $976,474 (1.3%) 1.58 3,978
    Denver's median listing price for 2023-04-01 was $679,000, a difference of $2,500 (0.4%) versus the prior year and $24,500 versus the prior month.

    Denver's median listing price comes in at 158% of the national average.

    Denver's average listing price for 2023-04-01 was $976,474, a difference of $12,409 (1.3%) versus the prior year and $1,037 versus the prior month.

    For the 2023-04-01 period, Denver had 3,978 MLS listings, a difference of 549 listings (16%) versus the prior month and 1,617 listings (68%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 58 days 2,959 sqft
    2018-02-01 36 days 2,978 sqft
    2018-03-01 27 days 2,980 sqft
    2018-04-01 24 days 2,924 sqft
    2018-05-01 23 days 2,879 sqft
    2018-06-01 25 days 2,776 sqft
    2018-07-01 30 days 2,712 sqft
    2018-08-01 35 days 2,632 sqft
    2018-09-01 37 days 2,592 sqft
    2018-10-01 38 days 2,500 sqft
    2018-11-01 45 days 2,468 sqft
    2018-12-01 58 days 2,462 sqft
    2019-01-01 61 days 2,466 sqft
    2019-02-01 33 days 2,483 sqft
    2019-03-01 32 days 2,560 sqft
    2019-04-01 29 days 2,580 sqft
    2019-05-01 28 days 2,567 sqft
    2019-06-01 31 days 2,561 sqft
    2019-07-01 36 days 2,510 sqft
    2019-08-01 51 days 2,538 sqft
    2019-09-01 51 days 2,535 sqft
    2019-10-01 43 days 2,420 sqft
    2019-11-01 51 days 2,401 sqft
    2019-12-01 63 days 2,307 sqft
    2020-01-01 62 days 2,539 sqft
    2020-02-01 34 days 2,859 sqft
    2020-03-01 24 days 2,766 sqft
    2020-04-01 34 days 2,677 sqft
    2020-05-01 38 days 2,699 sqft
    2020-06-01 33 days 2,515 sqft
    2020-07-01 33 days 2,410 sqft
    2020-08-01 32 days 2,259 sqft
    2020-09-01 31 days 2,134 sqft
    2020-10-01 31 days 2,015 sqft
    2020-11-01 40 days 1,922 sqft
    2020-12-01 51 days 1,893 sqft
    2021-01-01 42 days 1,871 sqft
    2021-02-01 18 days 1,940 sqft
    2021-03-01 10 days 2,029 sqft
    2021-04-01 9 days 2,170 sqft
    2021-05-01 8 days 2,206 sqft
    2021-06-01 9 days 2,260 sqft
    2021-07-01 16 days 2,271 sqft
    2021-08-01 19 days 2,218 sqft
    2021-09-01 23 days 2,207 sqft
    2021-10-01 24 days 2,240 sqft
    2021-11-01 30 days 2,223 sqft
    2021-12-01 39 days 2,200 sqft
    2022-01-01 25 days 2,189 sqft
    2022-02-01 7 days 2,207 sqft
    2022-03-01 6 days 2,271 sqft
    2022-04-01 5 days 2,296 sqft
    2022-05-01 10 days 2,457 sqft
    2022-06-01 16 days 2,429 sqft
    2022-07-01 23 days 2,376 sqft
    2022-08-01 31 days 2,323 sqft
    2022-09-01 36 days 2,303 sqft
    2022-10-01 37 days 2,298 sqft
    2022-11-01 47 days 2,283 sqft
    2022-12-01 60 days 2,248 sqft
    2023-01-01 66 days 2,266 sqft
    2023-02-01 44 days 2,307 sqft
    2023-03-01 28 days 2,369 sqft
    2023-04-01 25 days 2,441 sqft
    Denver's median listing age (time on market) for 2023-04-01 was 25 days. This is 400% longer than the same period one year ago.

    Denver's median square footage for active listings during the 2023-04-01 period was 2,441 sqft. One year prior, the average listing was 2,296 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).